Shepstone Management Company, Inc.
Natural Gas NOW readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added.
When Andrew Cuomo and renewables advocates admit the entire Buffalo Billion / SolarCity / Tesla thing has failed to achieve its goals, you know the end is coming. From the New York Post:
In testimony Tuesday, Empire State Development boss Howard Zemsky tried to put a positive spin on it, but he acknowledged that Cuomo’s gamble of $750 million in taxpayer funds on a Buffalo solar panel plant has bombed: On its current course, there’s zero sign it can host anything like the promised number of jobs.
And, from CleanTechnica.com, the renewables advocate:
Most of those who write for CleanTechnica have put our money where our mouths are. We own stock in Tesla because we believe in Elon Musk and his mission.
That being said, we have to report that Tesla’s Gigafactory 2 — the solar panel and solar roof factory in Buffalo, New York — appears to be a disaster waiting to happen. The state of New York ponied up $750 million to refurbish and equip the factory for Tesla, which promised to bring 1,460 desperately needed jobs to the Buffalo area by April of 2020. The workforce is well below that number today and in fact 50 people have recently been laid off as a result of the company’s 7% reduction in force initiative.
As much as it pains us to say so, the evidence indicates the purchase of SolarCity by Tesla in 2016 had its flaws. Critics of the deal said at the time it was simply a bailout for Musk’s cousins, Lyndon and Peter Rive, but Musk cut them short by staging a splashy reveal for the new Solar Roof system he claimed would revolutionize the residential solar industry. Since then? Nothing much.
A blind horse could see this one coming and spook. The fact so many didn’t tells us all we need to know about the Green New Deal and similar scams.
Pipeline capacity is the key to moving Appalachian gas to market, continuing the revitalization of the rural Northeast, cleaning the air in places such as New York City and lowering energy costs for all consumers. More of is coming, according to Williams:
The Leidy South Project is a proposed expansion of Williams’ existing Pennsylvania energy infrastructure to further connect robust supplies of natural gas in northern and western Pennsylvania with growing demand centers along the Atlantic Seaboard in time for the 2021-22 winter heating season.
The project will help the existing Transco pipeline system transport an additional 582,400 dekatherms of natural gas supply per day – enough natural gas to meet the daily needs of approximately 2.5 million homes…
Pennsylvania is the second-largest natural gas producing state in the U.S., averaging a record 15 billion cubic feet per day in 2017 – 3% higher than the 2016 level. The Commonwealth accounted for 19% of total U.S. marketed natural gas production in 2017 and produced more natural gas than any other state except Texas.
While Pennsylvania produces record volumes of natural gas, insufficient pipeline infrastructure continues to limit consumer access to the state’s supplies, resulting in production curtailments and shut-in production.
Williams’ Transco pipeline has executed commitments with Seneca Resources Company, LLC, Cabot Oil & Gas Corporation and UGI Utilities for 100 percent of the firm transportation capacity under its proposed Leidy South project. Once complete, the project will further expand the Transco pipeline’s Marcellus and Utica takeaway capacity from the Leidy Hub and Zick interconnect.
Bring it on!
Let’s Bury New Jersey Instead of Pipelines
Environmental insanity marches forward with a new screed from the usual suspects (Delaware Riverkeeper, Environment New Jersey, Food & Water Watch, NJ Sierra Club, etc.), all paid by the same gentry class trust-funders. Packaged as a “report,” this written rant urges Governor Phil Pander-Bear Murphy to “stop 12 fossil fuel projects from moving forward.”
Advocates say four proposed power plants along with eight pipelines and other natural gas infrastructure would increase New Jersey’s greenhouse gas output by 30 percent and would derail Murphy’s efforts to power the state by renewable energy by mid-century…
Those projects continue a decades-long trend in New Jersey, which saw pipelines and other infrastructure built to move an abundant supply of gas fracked in northern Pennsylvania to a large swath of customers in the Northeast…
Over the past year, Murphy has made moves to reduce the state’s contribution to global warming by rejoining a regional cap and trade system and laying the groundwork to build one of the nation’s largest offshore wind farms – a project that has been stalled for at least a decade.
His aggressive clean energy mandate requires 50 percent of all electricity sold in the state to come from renewable sources by 2030 and 100 percent by 2050.
But advocates say his efforts will be in vain unless he takes a strong stand against the natural gas industry, which generated 58 percent of electricity in New Jersey as of October. Only 3.5 percent came from renewable sources.
Putting aside the lunatic argument that a New Jersey governor should have the power to stop multi-state pipelines intended to deliver gas to places such as New York City, stop and think about the lunacy from the governor himself. He proposes New Jersey move from 3.5% renewable generated electricity in 2019 to 50% in 11 years. It’s a goal deliberately set beyond what might be his second term to avoid any accountability, of course, but just think about it. He is saying the Garden State can do this in 11 years:
Does any serious person think this is remotely possible? It’s pure nonsense, utter BS and complete claptrap. No one believes it, but the fact leaders are willing to nonetheless say it, indicates just how far down the drain public discourse around important issues has descended. It’s disingenuous political posturing 100% of the time. And, if you imagine it won’t have an impact, consider another note of skepticism expressed at CleanTechnica.com:
“An issue I have been wondering about came up in this article. The comment by David Lundy about renewable energy expansion will add “a couple of bucks a month” to the average customer’s utility bill. What I am confused about is that wholesale renewable power is becoming the lowest cost form of generation, but I do not see any mention of these apparent cost savings translating into ratepayer rate reductions. Rather, there are occasional mentions of increased utility consumer costs. So my question is where are these “savings” going? Someone must be pocketing them. Does the ratepayer ever get to participate in these savings?
I am a big supporter of renewable energy and enjoy the many excellent articles on CleanTechnica. But I am worried that if the general public keeps hearing about renewable energy and at the same time see their utility bill going up and up, how can we expect broad support? The traditional utility model uses its rate payers as cash cows. With the build out of renewable energy, are we going down the same path?”
Yeah, some folks are actually starting to get it.
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